Shares of Cisco Systems (CSCO, Financial) experienced a 3% increase, reaching $63.35 following the release of its third-quarter earnings report. The tech giant surpassed market expectations, leading to an upward revision in its fiscal year 2025 guidance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 17 analysts, the average target price for Cisco Systems Inc (CSCO, Financial) is $68.44 with a high estimate of $80.00 and a low estimate of $55.43. The average target implies an upside of 11.66% from the current price of $61.29. More detailed estimate data can be found on the Cisco Systems Inc (CSCO) Forecast page.
Based on the consensus recommendation from 23 brokerage firms, Cisco Systems Inc's (CSCO, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Cisco Systems Inc (CSCO, Financial) in one year is $55.64, suggesting a downside of 9.22% from the current price of $61.29. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Cisco Systems Inc (CSCO) Summary page.
